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• 12:18, 4 August 2026 WikiSysopIG talk contribs created page Accrual basis of accounting (Created page with "'''Accrual basis of accounting''', also known as '''accrual accounting''', is an accounting method under which revenues and expenses are recognized when they are earned or incurred, regardless of when cash is received or paid. Under the accrual basis, financial transactions are recorded in the accounting period to which they relate rather than when the associated cash flows occur. This method provides a more accurate representation of an entity's financial performanc...") Tag: Visual edit